Create/Register SIP Mandate
Payment Mandate makes it possible to make recurring as well as one-time payments. While this enables us to register a SIP, the SIP still has to be authenticated by you and the mandate is an enabling mechanism which in our view is best done when registering your account. You can also make one-time payments for purchases using a registered Mandate, but even in this case it requires a confirmation from your end when the payment is being made
Types of Mandates
| Type | Details |
| E-NACH (Recommended) | Created Online and authorized via Net-Banking or Debit Card |
| Digital Mandate(ISIP Mandate) | Created Online and requires you to add BSE Ltd ICCL as a Biller in your Net Banking |
| Paper Mandate(XSIP Mandate) | XSIP or Exchange SIP is a facility to register ECS Bank Mandates and requires you to print and sign a paper form. |
Steps to Register / Create your Autopay Mandate
Steps-1 Open the Consortium App and click on More followed by Investment Profile
Steps-2 Select Investment Profile – In case of a group/family, all individual investment profiles will be listed below
Steps-3 All your existing mandates will be listed here. To create a new mandate, click “Create Autopay Mandate”
Step-4 Select the ‘Autopay Mandate Type’ as E-NACH (Recommended) Or Digital Mandate Or Paper Mandate and add the amount. All other details will already be filled. Click “Continue” to submit
Steps-5 Once the request to register a Mandate has been submitted, you will need to authorize the Mandate by following the instructions in the email you will receive from BSE Star MF via email.
Click the following links for steps on how to:
